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Originally Posted by
Bill Pemberton
Slither,
I don't mean to be disrespectful, but the Insurance Industry has changed alot in the last 5 years, and it is advisable to check with your company as rules are different State to State, let alone
Country to Country ( USA to Canada ). Many companies offer appraised value and stated value contracts on exotics and classics with full coverage in the event of an accident. The advantage
can be additional discounts to many buyers , as they may also qualify for multi car, homeowner and other discounts. Bitten found this out and this was her heads up for folks to do a review,
since one may be able to get a strong contract within the company they are already with. The main thing, due to loss ratios, regional concerns, etc. some companies can be very competitive
in one area and not as much elsewhere. Just wanted to clarify this, because many major Insurance Companies saw the lost potential for business and this has opened up more avenues for those
of us with high profile, exotic and classic machines.
Respectfully Submitted,
Bill Pemberton
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